Azimuth Thrusters Industry Research Report 2024

Azimuth Thrusters Industry Research Report 2024


An azimuth thruster is a configuration of marine propellers placed in pods that can be rotated to any horizontal angle (azimuth), making a rudder unnecessary. These give ships better maneuverability than a fixed propeller and rudder system.

Highlights

The global Azimuth Thrusters market is projected to reach US$ million by 2030 from an estimated US$ million in 2024, at a CAGR of % during 2025 and 2030.
The industry's leading producers are SCHOTTEL Group, Rolls-Royce and IHI, which accounted for 20.31%, 10.90% and 10.43% of revenues in 2019. By region, Europe has the highest share of income, at more than 23%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Azimuth Thrusters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Azimuth Thrusters.
The Azimuth Thrusters market size, estimations, and forecasts are provided in terms of output/shipments (Unit) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Azimuth Thrusters market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Azimuth Thrusters manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

SCHOTTEL Group
Kongsberg Maritime
IHI
Cat Propulsion
Brunvoll
Thrustmaster
Kawasaki
Steerprop
Wartsila Corporation
ABB Marine
Voith Turbo
ZF Friedrichshafen AG
Veth Propulsion
NGC
Jastram
Wuxi Ruifeng Marine
Hydromaster

Product Type Insights

Global markets are presented by Azimuth Thrusters type, along with growth forecasts through 2030. Estimates on production and value are based on the price in the supply chain at which the Azimuth Thrusters are procured by the manufacturers.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2019-2024) and forecast period (2025-2030).
Azimuth Thrusters segment by Type

Less than 1500KW
1500KW-3500KW
More than 3500KW

Application Insights

This report has provided the market size (production and revenue data) by application, during the historical period (2019-2024) and forecast period (2025-2030).
This report also outlines the market trends of each segment and consumer behaviors impacting the Azimuth Thrusters market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Azimuth Thrusters market.
Azimuth Thrusters segment by Application

Tugboat
Offshore Support Vessel
Ferries and Freighter
Others

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2019-2030.
The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2023 because of the base year, with estimates for 2024 and forecast value for 2030.
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Azimuth Thrusters market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Azimuth Thrusters market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
This report will help stakeholders to understand the global industry status and trends of Azimuth Thrusters and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
This report stays updated with novel technology integration, features, and the latest developments in the market
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Azimuth Thrusters industry.
This report helps stakeholders to gain insights into which regions to target globally
This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Azimuth Thrusters.
This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Azimuth Thrusters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Azimuth Thrusters by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Azimuth Thrusters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Azimuth Thrusters by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
1.2.2 Less than 1500KW
1.2.3 1500KW-3500KW
1.2.4 More than 3500KW
2.3 Azimuth Thrusters by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Tugboat
2.3.3 Offshore Support Vessel
2.3.4 Ferries and Freighter
2.3.5 Others
2.4 Global Market Growth Prospects
2.4.1 Global Azimuth Thrusters Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Azimuth Thrusters Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Azimuth Thrusters Production Estimates and Forecasts (2019-2030)
2.4.4 Global Azimuth Thrusters Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Azimuth Thrusters Production by Manufacturers (2019-2024)
3.2 Global Azimuth Thrusters Production Value by Manufacturers (2019-2024)
3.3 Global Azimuth Thrusters Average Price by Manufacturers (2019-2024)
3.4 Global Azimuth Thrusters Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Azimuth Thrusters Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Azimuth Thrusters Manufacturers, Product Type & Application
3.7 Global Azimuth Thrusters Manufacturers, Date of Enter into This Industry
3.8 Global Azimuth Thrusters Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 SCHOTTEL Group
4.1.1 SCHOTTEL Group Azimuth Thrusters Company Information
4.1.2 SCHOTTEL Group Azimuth Thrusters Business Overview
4.1.3 SCHOTTEL Group Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
4.1.4 SCHOTTEL Group Product Portfolio
4.1.5 SCHOTTEL Group Recent Developments
4.2 Kongsberg Maritime
4.2.1 Kongsberg Maritime Azimuth Thrusters Company Information
4.2.2 Kongsberg Maritime Azimuth Thrusters Business Overview
4.2.3 Kongsberg Maritime Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
4.2.4 Kongsberg Maritime Product Portfolio
4.2.5 Kongsberg Maritime Recent Developments
4.3 IHI
4.3.1 IHI Azimuth Thrusters Company Information
4.3.2 IHI Azimuth Thrusters Business Overview
4.3.3 IHI Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
4.3.4 IHI Product Portfolio
4.3.5 IHI Recent Developments
4.4 Cat Propulsion
4.4.1 Cat Propulsion Azimuth Thrusters Company Information
4.4.2 Cat Propulsion Azimuth Thrusters Business Overview
4.4.3 Cat Propulsion Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
4.4.4 Cat Propulsion Product Portfolio
4.4.5 Cat Propulsion Recent Developments
4.5 Brunvoll
4.5.1 Brunvoll Azimuth Thrusters Company Information
4.5.2 Brunvoll Azimuth Thrusters Business Overview
4.5.3 Brunvoll Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
4.5.4 Brunvoll Product Portfolio
4.5.5 Brunvoll Recent Developments
4.6 Thrustmaster
4.6.1 Thrustmaster Azimuth Thrusters Company Information
4.6.2 Thrustmaster Azimuth Thrusters Business Overview
4.6.3 Thrustmaster Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
4.6.4 Thrustmaster Product Portfolio
4.6.5 Thrustmaster Recent Developments
4.7 Kawasaki
4.7.1 Kawasaki Azimuth Thrusters Company Information
4.7.2 Kawasaki Azimuth Thrusters Business Overview
4.7.3 Kawasaki Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
4.7.4 Kawasaki Product Portfolio
4.7.5 Kawasaki Recent Developments
4.8 Steerprop
4.8.1 Steerprop Azimuth Thrusters Company Information
4.8.2 Steerprop Azimuth Thrusters Business Overview
4.8.3 Steerprop Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
4.8.4 Steerprop Product Portfolio
4.8.5 Steerprop Recent Developments
4.9 Wartsila Corporation
4.9.1 Wartsila Corporation Azimuth Thrusters Company Information
4.9.2 Wartsila Corporation Azimuth Thrusters Business Overview
4.9.3 Wartsila Corporation Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
4.9.4 Wartsila Corporation Product Portfolio
4.9.5 Wartsila Corporation Recent Developments
4.10 ABB Marine
4.10.1 ABB Marine Azimuth Thrusters Company Information
4.10.2 ABB Marine Azimuth Thrusters Business Overview
4.10.3 ABB Marine Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
4.10.4 ABB Marine Product Portfolio
4.10.5 ABB Marine Recent Developments
7.11 Voith Turbo
7.11.1 Voith Turbo Azimuth Thrusters Company Information
7.11.2 Voith Turbo Azimuth Thrusters Business Overview
4.11.3 Voith Turbo Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
7.11.4 Voith Turbo Product Portfolio
7.11.5 Voith Turbo Recent Developments
7.12 ZF Friedrichshafen AG
7.12.1 ZF Friedrichshafen AG Azimuth Thrusters Company Information
7.12.2 ZF Friedrichshafen AG Azimuth Thrusters Business Overview
7.12.3 ZF Friedrichshafen AG Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
7.12.4 ZF Friedrichshafen AG Product Portfolio
7.12.5 ZF Friedrichshafen AG Recent Developments
7.13 Veth Propulsion
7.13.1 Veth Propulsion Azimuth Thrusters Company Information
7.13.2 Veth Propulsion Azimuth Thrusters Business Overview
7.13.3 Veth Propulsion Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
7.13.4 Veth Propulsion Product Portfolio
7.13.5 Veth Propulsion Recent Developments
7.14 NGC
7.14.1 NGC Azimuth Thrusters Company Information
7.14.2 NGC Azimuth Thrusters Business Overview
7.14.3 NGC Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
7.14.4 NGC Product Portfolio
7.14.5 NGC Recent Developments
7.15 Jastram
7.15.1 Jastram Azimuth Thrusters Company Information
7.15.2 Jastram Azimuth Thrusters Business Overview
7.15.3 Jastram Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
7.15.4 Jastram Product Portfolio
7.15.5 Jastram Recent Developments
7.16 Wuxi Ruifeng Marine
7.16.1 Wuxi Ruifeng Marine Azimuth Thrusters Company Information
7.16.2 Wuxi Ruifeng Marine Azimuth Thrusters Business Overview
7.16.3 Wuxi Ruifeng Marine Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
7.16.4 Wuxi Ruifeng Marine Product Portfolio
7.16.5 Wuxi Ruifeng Marine Recent Developments
7.17 Hydromaster
7.17.1 Hydromaster Azimuth Thrusters Company Information
7.17.2 Hydromaster Azimuth Thrusters Business Overview
7.17.3 Hydromaster Azimuth Thrusters Production, Value and Gross Margin (2019-2024)
7.17.4 Hydromaster Product Portfolio
7.17.5 Hydromaster Recent Developments
5 Global Azimuth Thrusters Production by Region
5.1 Global Azimuth Thrusters Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Azimuth Thrusters Production by Region: 2019-2030
5.2.1 Global Azimuth Thrusters Production by Region: 2019-2024
5.2.2 Global Azimuth Thrusters Production Forecast by Region (2025-2030)
5.3 Global Azimuth Thrusters Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Azimuth Thrusters Production Value by Region: 2019-2030
5.4.1 Global Azimuth Thrusters Production Value by Region: 2019-2024
5.4.2 Global Azimuth Thrusters Production Value Forecast by Region (2025-2030)
5.5 Global Azimuth Thrusters Market Price Analysis by Region (2019-2024)
5.6 Global Azimuth Thrusters Production and Value, YOY Growth
5.6.1 North America Azimuth Thrusters Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Azimuth Thrusters Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Azimuth Thrusters Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Azimuth Thrusters Production Value Estimates and Forecasts (2019-2030)
6 Global Azimuth Thrusters Consumption by Region
6.1 Global Azimuth Thrusters Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Azimuth Thrusters Consumption by Region (2019-2030)
6.2.1 Global Azimuth Thrusters Consumption by Region: 2019-2030
6.2.2 Global Azimuth Thrusters Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Azimuth Thrusters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Azimuth Thrusters Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Azimuth Thrusters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Azimuth Thrusters Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Azimuth Thrusters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Azimuth Thrusters Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Azimuth Thrusters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Azimuth Thrusters Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Azimuth Thrusters Production by Type (2019-2030)
7.1.1 Global Azimuth Thrusters Production by Type (2019-2030) & (Unit)
7.1.2 Global Azimuth Thrusters Production Market Share by Type (2019-2030)
7.2 Global Azimuth Thrusters Production Value by Type (2019-2030)
7.2.1 Global Azimuth Thrusters Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Azimuth Thrusters Production Value Market Share by Type (2019-2030)
7.3 Global Azimuth Thrusters Price by Type (2019-2030)
8 Segment by Application
8.1 Global Azimuth Thrusters Production by Application (2019-2030)
8.1.1 Global Azimuth Thrusters Production by Application (2019-2030) & (Unit)
8.1.2 Global Azimuth Thrusters Production by Application (2019-2030) & (Unit)
8.2 Global Azimuth Thrusters Production Value by Application (2019-2030)
8.2.1 Global Azimuth Thrusters Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Azimuth Thrusters Production Value Market Share by Application (2019-2030)
8.3 Global Azimuth Thrusters Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Azimuth Thrusters Value Chain Analysis
9.1.1 Azimuth Thrusters Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Azimuth Thrusters Production Mode & Process
9.2 Azimuth Thrusters Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Azimuth Thrusters Distributors
9.2.3 Azimuth Thrusters Customers
10 Global Azimuth Thrusters Analyzing Market Dynamics
10.1 Azimuth Thrusters Industry Trends
10.2 Azimuth Thrusters Industry Drivers
10.3 Azimuth Thrusters Industry Opportunities and Challenges
10.4 Azimuth Thrusters Industry Restraints
11 Report Conclusion
12 Disclaimer

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